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If you have a family member with special needs, you have likely put much thought into providing for them once you can no longer do so. For many in San Diego, California, a special needs trust is a wonderful way of accomplishing this goal. This type of trust ensures...
A will is supposed to be the final wishes of the deceased regarding their estate, but that doesn't mean that every heir will go along peacefully with those plans. In some cases, heirs see fit to contest a will and ask the court to declare it invalid. Under what...
Finding the right person to execute your estate is a challenging but essential task. When you need someone you trust, the obvious place to turn might be your family. Yet, this is not always the best decision. To understand why let’s look at the qualities you should...
A will is a vital legal document that helps you ensure the fulfillment of your wishes after you pass away. Not having one may result in conflict like the ones surrounding Aretha Franklin's death (though to claim that the existence of a will staves off all fighting is...
Serving as executor for someone’s estate means you need to fulfill all their last wishes. It is your duty to carry out their instructions in their estate plan and to complete some unfinished business. People who serve as executors have an obligation to distribute...
An estate executor has a ton of responsibilities – from notifying the dependents to managing and distributing assets according to the will. However, there are limits to what this individual or entity can and cannot do. If you have been nominated as an executor in...
As an aspiring business owner, the first thing you must do is decide what structure your business will have. Each structure comes with its own unique benefits and potential downsides. You must consider each carefully as you make your decision. An LLC is one of the...
Purchasing a life insurance policy to cover the expenses of your children's upbringing if you die while they are small is a good idea. However, minors cannot directly receive the payout, so the money will not be available until the court establishes their guardian....
After the death of a loved one, you and the other family members may have to decide who will take care of closing out the estate. This could happen even if there is a will that names someone for the role if that person is no longer available or decides he or she...
While many people consider the development of a comprehensive estate plan a single event, many others realize that it is made up of numerous evolving documents that should be regularly reviewed and updated. In general, financial experts agree that an estate plan...